THEIA INNOVATIONS: what changed
What changed
THEIA INNOVATIONS
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€67,554
2024 · €30,973+€36,580
Equity
€87,133
2024 · €59,579+€27,554
Cash
€64,215
2024 · €64,543-€328
Balance sheet total
€131,971
2024 · €112,378+€19,593
Largest movements
Assets
- Receivables within one year +€16,402
up €16,402 (+483%), from €3,396 to €19,798
of which Trade receivables: +€12,941
- Tangible fixed assets +€3,508
up €3,508 (+8.2%), from €42,962 to €46,470
of which Furniture and vehicles: +€2,493
Equity and liabilities
- Reserves +€85,133
new in 2025: €85,133
- Profit (loss) carried forward -€57,579
no longer reported in 2025 (was €57,579)
- Current portion of long-term debt +€10,683
up €10,683 (+73.2%), from €14,595 to €25,278
- Debts after one year -€9,931
down €9,931 (-44.7%), from €22,213 to €12,282
- Tax, wage and social debts -€7,947
down €7,947 (-57.0%), from €13,944 to €5,997
Income statement
- Gross operating margin +€49,400
up €49,400 (+85.5%), from €57,751 to €107,151
- Taxes +€8,637
up €8,637 (+98.8%), from €8,741 to €17,377
- Depreciation +€3,308
up €3,308 (+19.8%), from €16,705 to €20,014
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€30,973
Gross operating margin
+€49,400
Depreciation
-€3,308
Other operating charges
-€703
Financial income
+€19
Financial charges
-€191
Taxes
-€8,637
Result 2025
€67,554
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€62,441
Investment
-€23,522
Financing
-€39,247
Cash 2024
€64,543
From operations (derived)
+€62,441
Net result for the year
+€67,554
Depreciation
+€20,014
Receivables within one year
-€16,402
Deferred charges and accrued income
-€10
Trade debts
-€1,031
Tax, wage and social debts
-€7,947
Other debts
+€264
Investment (derived)
-€23,522
Investment in fixed assets (net)
-€23,522
Financing
-€39,247
Debts after one year
-€9,931
Current portion of long-term debt
+€10,683
Contributions, distributions and other
-€40,000
Cash 2025
€64,215
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,378 | €131,971 | +€19,593 | +17.4% |
| Fixed assets | 21/28 | €43,212 | €46,720 | +€3,508 | +8.1% |
| Tangible fixed assets | 22/27 | €42,962 | €46,470 | +€3,508 | +8.2% |
| Plant, machinery and equipment | 23 | €1,489 | €2,504 | +€1,015 | +68.2% |
| Furniture and vehicles | 24 | €37,072 | €39,565 | +€2,493 | +6.7% |
| Other tangible fixed assets | 26 | €4,400 | €4,400 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €69,167 | €85,251 | +€16,085 | +23.3% |
| Amounts receivable within one year | 40/41 | €3,396 | €19,798 | +€16,402 | +483% |
| Trade receivables | 40 | - | €12,941 | +€12,941 | |
| Other amounts receivable | 41 | €3,396 | €6,857 | +€3,461 | +102% |
| Cash at bank and in hand | 54/58 | €64,543 | €64,215 | -€328 | -0.5% |
| Deferred charges and accrued income | 490/1 | €1,228 | €1,238 | +€10 | +0.8% |
| Total equity and liabilities | 10/49 | €112,378 | €131,971 | +€19,593 | +17.4% |
| Equity | 10/15 | €59,579 | €87,133 | +€27,554 | +46.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €85,133 | +€85,133 | |
| Distributable reserves | 133 | - | €85,133 | +€85,133 | |
| Profit (loss) carried forward | 14 | €57,579 | - | -€57,579 | |
| Amounts payable | 17/49 | €52,799 | €44,838 | -€7,961 | -15.1% |
| Amounts payable after more than one year | 17 | €22,213 | €12,282 | -€9,931 | -44.7% |
| Financial debts | 170/4 | €22,213 | €12,282 | -€9,931 | -44.7% |
| Amounts payable within one year | 42/48 | €30,586 | €32,556 | +€1,970 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €14,595 | €25,278 | +€10,683 | +73.2% |
| Trade debts | 44 | €2,048 | €1,017 | -€1,031 | -50.3% |
| Suppliers | 440/4 | €2,048 | €1,017 | -€1,031 | -50.3% |
| Taxes, remuneration and social security | 45 | €13,944 | €5,997 | -€7,947 | -57.0% |
| Taxes | 450/3 | €13,944 | €5,997 | -€7,947 | -57.0% |
| Other amounts payable | 47/48 | - | €264 | +€264 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,705 | €20,014 | +€3,308 | +19.8% |
| Other operating charges | 640/8 | €740 | €1,443 | +€703 | +95.0% |
| Gross operating margin | 9900 | €57,751 | €107,151 | +€49,400 | +85.5% |
| Operating profit (loss) | 9901 | €40,305 | €85,694 | +€45,389 | +113% |
| Financial income | 75/76B | €1 | €20 | +€19 | +3,882% |
| Recurring financial income | 75 | €1 | €20 | +€19 | +3,882% |
| Financial charges | 65/66B | €592 | €783 | +€191 | +32.3% |
| Recurring financial charges | 65 | €592 | €783 | +€191 | +32.3% |
| Profit (loss) for the period before taxes | 9903 | €39,714 | €84,931 | +€45,217 | +114% |
| Income taxes | 67/77 | €8,741 | €17,377 | +€8,637 | +98.8% |
| Profit (loss) for the period | 9904 | €30,973 | €67,554 | +€36,580 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €30,973 | €67,554 | +€36,580 | +118% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.